The host country can establish its identity as a well-off and civilized nation by accomplishing the sporting events successfully. The people from all over the world judge how well the country manages such events. The country can lure such people through its competency. The host country of 'Olympic Games' of 2008, China, is a good example. Everyone was looking over China with doubts and suspicions, but China left them in amazement with its superb hosting of the most prestigious sporting event, The Olympics. China not only became a great success in hosting the event but also succeeded in changing the mentality of the people worldwide about China.
In addition to this, a country can become economically stronger by hosting such events. First of all, the local people get employment easily and hence they are benefitted. Secondly, the people in large number flock to such countries from across the globe and they not only watch the sports but also go on a visit of various places of natural, cultural and historical importance within the host country. The spectators of such events are mostly the privileged and aristocratic ones and they spend a lot of money in accommodations, tours and entertainment. This in turn uplifts the tourism and related sectors